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JLR to get listed on London Stock Exchange: Tata Motors
Tata Motors' prized possession, JLR is all set to be listed on the London Stock Exchange (LSE) from FY 2012, according to recent reports. On the condition of anonymity, 3 senior officials from Tata Motors have confirmed these reports!
According to the trio, Tata Motors is currently in talks with major banks in order to successfully list JLR on the LSE. The trio even said that SBI Caps, HSBC, JP Morgan...
Jaguar Land Rover will require more than 2,000 new employees
Tata Motors owned Jaguar Land Rover stated that they will employ more than 2,000 individuals within the next 2 years. Earlier during recession, many people had criticized JLR for laying off several of their employees. But, now the tide has turn as JLR is back making profits.
According to a report, JLR currently employs more than 18,000 people around the world. They have aimed to increase their workforce...
Tata to make massive investments in Jaguar Land Rover R&D
Tata Motors owned British luxury car brand, Jaguar Land Rover is set to receive immense funds for their R&D. According to a report in India's leading daily, Business Standard, Tata Motors will invest Rs 7,300 crores in researching and developing new technologies for their JLR brand.
The report also stated that the amount is approximately 10-11% of JLR's 2010 revenue. The R&D expenditure might...
JLR to sell 40,000 cars in China this year
In a fresh deal made earlier today, British luxury car manufacturer JLR has signed a deal to sell 40,000 luxury cars in China this year. Reports suggest that this deal could be worth more than a £ billion. JLR had bagged a similar deal in 2009, according to which they were to sell 13,000 cars at £850 million.
According to this new deal, JLR will sell 4,000 Jaguar luxury sedans and 36,000 Land Rovers....
Tata Motors ask Ford to supply JLR engines
Tata Motors owned JLR will soon be starting their assembling unit in Asia for the first time ever, one each in India and China. In order to meet quality standard, Tata Motors seek Ford Motors' help in supplying engine for their JLR cars. JLR brand was owned by Ford Motors before Tata Motors bought the luxury brand for $2.3 billion in 2008.
Mr C Ramakrishnan, CFO, Tata Motors, said, "Currently, Ford...
Tata Motors new China plant to manufacture JLR vehicles
If we are to believe a report published in UK's 'Financial Times', Tata Motors are very close to start the manufacturing of their JLR brand in a new plant in China. According to this report, official announcement will be made when British PM, Mr Gordon Brown visits China later this month.
This new move of Tata Motors will generate jobs for approximately 5000 Chinese citizens. Though we are not sure...
Tata Aria to get JLR influenced interiors
Tata Motors latest SUV, which will soon be launched this year, has been reportedly sent to the JLR factory for some final touches to Aria's interiors. This is the first incident where Tata Motors will be taking help of JLR's expertise and will be implementing in their product.
When contacted, Tata Motors replied saying, "For all its products, Tata Motors takes every conceivable step to ensure that...
Tata Motors to launch new JLR and Nano models
On the occasion of Tata Motors' 65th annual General Meeting, Chairman Mr Ratan Tata announced to launch new models of their JLR and Nano models. Ratan Tata said that he was very impressed the way JLR has relaunched itself. In order increase sales, Tata Motors will launch entry level variants of their JLR brand. With this new strategy, Tata want to enter a market where they have no existence.
Tata...
Tata Motors to partner with Chery Automobiles for JLR in China?
This is probably too early, but reports have become rife about Tata Motors partnering with Chery Automobiles in China for manufacturing and distributing Jaguar and Land Rover cars in China. Mr. Christopher Brown, Executive VP of Jaguar and Land Rover car (China) was quoted in an interview with Daily Economic News saying, "Jaguar Land Rover Sales Corporation in China is the platform for its future...
Tata Motors owned Jaguar Land Rover plans to shut plant in UK
Newly appointed Tata Motors CEO, Carl-Peter Forster who is also the head of luxury brand Jaguar Land Rover has reported, the company might shut down one of its manufacturing units in the UK. Most probably the plant in Solihull or Bromwich will face the axe as the unit in Merseyside is going to survive for sure.
This decision entirely depends on the sanction of loan to Jaguar Land Rover by the British...






















